Today London whistleblower and metals trader Andrew Maguire told KWN that a large bullion bank made a massive bet that the price of gold will surge above $1,250 by December.
As the war in the gold and silver markets rages, commercial hedgers continue to make major moves in the gold and silver markets.
Whistleblower Andrew Maguire Says Synthetic Gold Short Bubble Now Bursting As Deutsche Bank & Others Buy Large Amounts Of Physical Gold
Today London whistleblower and metals trader Andrew Maguire told KWN that today’s action is just noise as the synthetic non-delivery gold bubble is now bursting. That is why Deutsche Bank and other European banks are now buying large amounts of physical gold.
We have only seen this a few times in the past 15 years.
Here is a quick update on the FOMC, inflation, China, extreme fear, plus this just hit a 10 1/2 year high.
Today Gerald Celente discussed the trends that will impact markets more than mid-terms.
The Gold/Oil ratio is now moving strongly in favor of gold.
Markets across the globe are on the move post-election but here is the big surprise.
This may have impacted mid-term elections.
INFLATION ALERT: The bill may finally be coming due for “free” money.